Daimler Truck (OTCMKTS:DTRUY – Get Free Report) is projected to issue its results before the market opens on Friday, August 7th. Analysts expect Daimler Truck to announce earnings of $0.4774 per share and revenue of $14.2853 billion for the quarter.
Daimler Truck Stock Down 0.6%
DTRUY opened at $28.43 on Wednesday. The stock’s 50 day moving average price is $24.77 and its two-hundred day moving average price is $24.68. Daimler Truck has a 12-month low of $19.43 and a 12-month high of $28.73.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on DTRUY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Daimler Truck in a research note on Thursday, July 23rd. Kepler Capital Markets upgraded shares of Daimler Truck from a “reduce” rating to a “buy” rating in a research note on Tuesday, July 21st. Citigroup reissued a “buy” rating on shares of Daimler Truck in a report on Wednesday, July 1st. Zacks Research lowered shares of Daimler Truck from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Finally, Barclays upgraded shares of Daimler Truck from a “hold” rating to an “overweight” rating in a report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Daimler Truck currently has an average rating of “Moderate Buy”.
About Daimler Truck
Daimler Truck AG is a leading global manufacturer of commercial vehicles, specializing in the design, production and distribution of trucks, buses and powertrain components. The company operates through a diversified brand portfolio that includes Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz and Thomas Built Buses. Its product range covers heavy-duty, medium-duty and light-duty trucks, as well as a variety of bus models for urban and intercity transportation.
In addition to vehicle manufacturing, Daimler Truck offers a suite of services aimed at fleet management and uptime optimization.
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